Odisha Crime Branch Cyber Police arrested three individuals in separate investment fraud cases linked to fake trading platforms.
The arrests were made under Operation Cyber Kavach after victims lost crores of rupees through fraudulent online schemes.
In the first case, investigators arrested Prins Raj, 31, of Begusarai, Bihar. Fraudsters had lured a victim into a WhatsApp group offering stock market tips and technical analysis. Between December 2024 and March 2025, the victim transferred ₹2.06 crore across 54 transactions to multiple accounts. When he attempted to withdraw funds, the so‑called “risk control team” blocked access. Police seized mobile phones and SIM cards from Raj, who was produced before the Judicial Magistrate in Begusarai and placed under transit remand to Bhubaneswar.
In another case, Cyber Police arrested a couple from Angul—Himansu Prasad Karna and his wife Sailendri Karna—for duping a victim of ₹1.55 crore. Fraudsters added the victim to WhatsApp groups named Stock Market Pioneers and VIP IVI Service Team570, promising high returns. The victim transferred funds to seven accounts linked to the accused. Police seized 17 cheque books, 10 passbooks, mobile phones, and SIM cards. The couple was forwarded to SDJM, Bhubaneswar.
Officials urged citizens to remain cautious of unsolicited investment offers on social media and messaging apps. They advised verifying platforms before investing and reporting suspicious activity to the Cyber Helpline (1930) or nearest police stations.
